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SBA Awards $5.5 Million in PRIME Grants to Help Emerging Micro-Entrepreneurs Gain Access to Capital
… SBA Awards $5.5 Million in PRIME Grants to Help Emerging Micro-Entrepreneurs Gain … entrepreneurs are set to receive nearly $5.5 million in grants from the U.S. Small Business Administration’s Program for Investment in Micro-Entrepreneurs (PRIME). These nonprofit … -
SBA Extends Crucial Lifeline to Borrowers Impacted by COVID-19 with Debt Relief
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SBA to Host Shuttered Venue Operators Grant Webinar on Jan. 14
… of the Shuttered Venue Operators Grant program included in the Economic Aid to Hard-Hit Small Businesses, Nonprofits, … on Dec. 27, 2020. Eligible organizations with a reduction in revenue due to the COVID-19 pandemic will have the … to receive up to a $10 million grant under the program. In total, the Economic Aid Act allocates $15 billion for the … -
American Rescue Plan Act Elevates Small Business Support in Response to COVID-19 Pandemic
… American Rescue Plan Act Elevates Small Business Support in Response to COVID-19 Pandemic WASHINGTON - Upon President … businesses are the economic engine of this country and, in alignment with the Biden-Harris Administration’s focus on … program updates and new efforts the SBA will administer in the coming weeks. ### About the U.S. Small Business … -
SBA Announces Official Restaurant Revitalization Fund Application and Guidelines
… businesses – irreplaceable gathering places in our neighborhoods and communities that need a lifeline now … meet payroll, purchase supplies, and get what they need in place to transition to today’s COVID-restricted … eligibility, and a program guide are now available in English at www.sba.gov/restaurants or in Spanish at … -
SBA Administrator Guzman Announces Application Opening for $28.6 Billion Restaurant Revitalization Fund
… marketplace realities of our food and beverage businesses in designing the Restaurant Revitalization Fund to meet … Revitalization Fund provides a total of $28.6 billion in direct relief funds to restaurants and other hard-hit food … “From day one, we engaged with diverse stakeholders in the food industry community to make sure we built and … -
Bipartisan Mayors Meet with SBA Administrator Isabella Casillas Guzman, Discuss Shared Economic Vision
… groups’ shared commitment to supporting small businesses in cities across the country. Read more about these … to joining forces with the U.S. Conference of Mayors in the months ahead as we work to bring back the small … -
Administrator Isabella Casillas Guzman Announces Initial Results of Restaurant Revitalization Fund
… from restaurants and other food and beverage businesses in all 50 states, the District of Columbia, and five U.S. … they need to recover, rebuild and become resilient.” In the first two days of the RRF application window, the SBA … from restaurants, bars, and other eligible businesses in all 50 states, Washington, D.C., and five U.S. … -
The SBA Funds 16,000 Restaurant Revitalization Fund Awards
… businesses across the nation will begin to see funds in bank accounts as early as Tuesday, May 11. “Just one week … and beverage business owners will get much-needed relief in their hands,” said SBA Administrator Isabella Casillas … priority period, all eligible applications will be funded in the order in which they have been received. While the SBA … -
Recovery for the Smallest Restaurants and Bars: Administrator Guzman Announces Latest Application Data Results for the Restaurant Revitalization Fund
… business owners, requesting a total of $29 billion in relief funds. This announcement builds on an earlier … do as we continue reaching our underserved entrepreneurs.” In addition to a $5 billion set-aside established by Congress … with 2019 gross receipts between $500,000 and $1,500,000. In the first days of the RRF program, after weeks of targeted … -
Last Call: Administrator Guzman Announces Final Push for Restaurant Revitalization Fund Applications
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SBA Announces New HUBZones to Expand Federal Contracting Opportunities for Small Businesses
… of HUBZone, a program that provides small businesses in low-income communities that hire low-income residents opportunities to compete in the federal marketplace. The announcement makes Illinois … and encourage more Illinois small businesses to sign up for this program today.” Illinois becomes the first … -
READOUT: The U.S. Small Business Administration & the White House Host Webinar for Small Business Leaders on Economic Recovery, Juneteenth, & Vaccine Leadership
… to vaccination sites, extended pharmacy hours on Fridays—in addition to businesses offering incentives such as cash … and build back better.” Participants benefited from an in-depth question and answer session with Region 6 SBA Acting … Authorization # 21-0501-14: The SBA’s participation in this cosponsored activity is not an endorsement of the … -
SBA Administrator Announces Closure of Restaurant Revitalization Fund Program
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SBA Administrator Announces New Shuttered Venue Operators Grant Milestone: Supplemental Awards Begin
… Thus far, the SBA has awarded over $10 billion in economic relief to nearly 12,000 venues, providing a … when comparing 2021’s first-quarter revenues to the same in 2019 are eligible to receive a supplemental grant. … entertainment businesses, feel like the giants they are in our economy, and our SVOG program is a great example of … -
SBA Administrator Isabella Casillas Guzman Applauds Passage of the Bipartisan Infrastructure Deal
… small businesses rely on strong infrastructure – investing in our roads, bridges, public transit and rail will help them … as reach more customers. With unprecedented investments in broadband and cyber infrastructure, small businesses in every corner of our nation will be able to meet customers … -
SBA Administrator Guzman Announces Agreement with Indian Government to Promote American Small Businesses Internationally
… U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s more than 34 … two countries’ joint work to promote MSME participation in the global marketplace. The agreement, signed by Administrator Guzman and the Indian Ministry for MSMEs in New Delhi on August 13, is the SBA’s first such … -
SBA Celebrates ‘National Farmers Market Week’ in New Hampshire
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SBA’s Award and Payment Practices in the Shuttered Venue Operators Grant Program
… SBA’s Award and Payment Practices in the Shuttered Venue Operators Grant Program This report … of our inspection of SBA’s Award and Payment Practices in the Shuttered Venue Operators Grant Program. Report 22-15 … not ensure it had adequate support for the grant amounts in 3 of the 10 awards we reviewed. SBA awarded these three …